Rates

A rate is a ratio that compares quantities in different units. Rates are commonly found in everyday life.

The prices in grocery stores and department stores are rates. Rates are also used in pricing gasoline, tickets to a movie or sporting event, in paying hourly wages and monthly fees. Here are some more examples for rates.

When a rate is simplified so that it has a
denominator
of
1
, it is called
unit rate
. Here are two examples for unit rates.